Chinese PV selloff could bring cheaper modules to Europe

July 3 (Renewables Now) - A possible selloff of Chinese photovoltaic (PV) modules may result in prices lower than these of other solar products in Europe, while in the US China-made modules would be marginally competitive, EnergyTrend said today.

Taking Trina Solar as an example for its calculations, the green energy research unit of Taiwan’s TrendForce said the selloff price of Chinese modules in Europe would be USD 0.39 (EUR 0.34) per watt, with 56.2% of anti-dumping and anti-subsidy duties included. This will be below the price of EUR 0.42/W for Europe-made modules.

In the US, locally made modules will still be cheaper at around USD 0.40/W, while Chinese-made PV products will reach a price of USD 0.43.W with a duty of 72.54% included.

EnergyTrend points out that should Chinese PV manufacturers being a selloff, global solar module prices will fall. The impact of a selloff would last until the second quarter of 2019, the research firm said.